Hantz Financial Services Inc. Sells 561 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

Hantz Financial Services Inc. cut its holdings in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 1.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 40,044 shares of the company’s stock after selling 561 shares during the quarter. Hantz Financial Services Inc.’s holdings in Honda Motor were worth $1,271,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in HMC. Equity Investment Corp raised its position in Honda Motor by 1.8% in the third quarter. Equity Investment Corp now owns 2,097,616 shares of the company’s stock worth $66,557,000 after acquiring an additional 36,221 shares during the period. Cubist Systematic Strategies LLC bought a new stake in shares of Honda Motor in the 2nd quarter worth approximately $3,595,000. International Assets Investment Management LLC lifted its stake in Honda Motor by 1,906.3% in the third quarter. International Assets Investment Management LLC now owns 193,712 shares of the company’s stock valued at $6,105,000 after purchasing an additional 184,057 shares during the last quarter. Park Avenue Securities LLC lifted its stake in Honda Motor by 76.4% in the third quarter. Park Avenue Securities LLC now owns 41,358 shares of the company’s stock valued at $1,312,000 after purchasing an additional 17,908 shares during the last quarter. Finally, Blue Trust Inc. increased its position in Honda Motor by 179.6% in the second quarter. Blue Trust Inc. now owns 3,476 shares of the company’s stock worth $112,000 after buying an additional 2,233 shares during the last quarter. 5.32% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Honda Motor from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 2nd.

Honda Motor Stock Performance

Shares of HMC stock opened at $25.90 on Monday. The company’s fifty day simple moving average is $29.61 and its two-hundred day simple moving average is $31.15. Honda Motor Co., Ltd. has a 1 year low of $25.56 and a 1 year high of $37.90. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.43 and a quick ratio of 1.12.

Honda Motor (NYSE:HMC) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.43). The company had revenue of $36.24 billion for the quarter, compared to analysts’ expectations of $35.60 billion. Honda Motor had a return on equity of 7.53% and a net margin of 4.53%. As a group, equities research analysts anticipate that Honda Motor Co., Ltd. will post 4.09 earnings per share for the current year.

Honda Motor Company Profile

Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses.